Regardless of the high potential to be used in the industrial applications, it is estimated that just up to 20% of the produced soybean oil (SO) is used for the industrial applications, and the rest is refined for cooking, or simply used for the biodiesel production, often with a low profit margin. The United States is the world’s leading soybean producer, with a huge surplus of SO. This surplus of SO, which is currently exported with a low cost, can be well-employed to promote the economy of the soybean-producing states, i.e., South Dakota State. In this proposal, the route for the synthesis of two novel value-added products from SO is presented. Herein, after a careful study of the SO current applications, the involved chemistry, market derivatives, and based on group’s 6 years of experience in the resin field, a new platform for the utilization of SO has been proposed. SO (with a current value of US $0.6-0.7 per liter) can be readily used for the production of epoxidized soybean oil (ESO). This ESO will be employed for the production of a couple of novel bioresins, i.e., non-isocyanate polyurethanes (NIPUs) (the conventional polyurethanes are traded at up to US $10 per liter- estimates are even higher for NIPUs) and for the aromatic epoxy-networks form SO and eugenol (conventional epoxy resins are currently traded at US $3 per liter). The economy of the products seems to be alluring: we estimate an investment of US $500,000 for stablishing a small-size plant, results in an annual benefit exceeding US $150,000. Moreover, the proposed strategies for the synthesis of these resins are of conventional types- used for well-known poly-condensation and radical polymerization processes with minor modifications. The establishment of the technology is rather feasible: the future scale-up of the processes was considered carefully, the use of complex technologies, expensive solvents, toxic organometallic catalysts, problematic reactants, and expensive separation-purification steps have been avoided. Details of the methods will be discussed in the subsequent sections in brief.